The tech-focused Seattle-based real estate brokerage Redfin reported $110.1 million in revenue for the first quarter of 2019, a year-over-year increase of 38 percent and beating expected revenue of $104.55 million. But it still saw losses widen in the first quarter of 2019, to $67.2 million. The company posted a $0.74 net loss per share, […]
Redfin announced Wednesday it has been quietly testing a pilot program in Boston, a revised version of its 2006 service Redfin Direct, that allows consumers to make direct offers on Redfin-listed homes through the company’s website. Source: click here
REX, a well-funded brokerage out to bypass the MLS, announced on Wednesday expansions into the Boston, Chicago, Phoenix and Washington, D.C., metro areas. Source: click here
The agent who made a steamy real estate video to accompany a listing was doing something right. A 23-year-old buyer who saw the video online ended up buying the house for $1.72 million Australian dollars, or about $1.21 million. Sam Nader, a real estate agent who works for Sydney-based LJ Hooker Bankstown, created a promo video […]
Other listing data intended for Realtors’ eyes only appeared publicly on several listings viewed by Inman last week on Compass’ mobile app and desktop website. Among them: detailed showing instructions, contact information for vendors and property disclosures (e.g. notices that property taxes are unknown or floors are slanted). Source: click here
Scott Petronis, the newly appointed chief product and technology officer at discount brokerage Redefy, believes the consumer is getting overshadowed in the real estate industry. Finding a company that he believes has a greater focus on the consumer is a big reason that Petronis left his role as chief technology officer at eXp Realty. Source: […]
EXp Realty announced today the promotion of Dave Conord and Stacey Onnen as co-presidents. In their new roles, Conord will oversee eXp Realty’s growth while Onnen will focus on brokerage operations. Source: click here
Referrals continue to play a key role in many real estate agents’ businesses even as the market has softened, according to a new survey. Source: click here
One week after Realogy stock sank to a new low, CEO Ryan Schneider has purchased $1 million worth of the company’s shares in an apparent show of support for the brand. Ryan Schneider | Credit: Realogy Schneider purchased a total of 119,300 shares Wednesday at a price of $8.38 per share, according to financial documents Realogy filed. […]
As the listing agent of a property in an up-and-coming neighborhood, you have so much opportunity to capitalize on a trending location. Here are five tips for moving your listing by tapping into what the buyer is looking for. Source: click here
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